HR 1596 · 110th Congress · Taxation

Clean and Green Renewable Energy Tax Credit Act of 2007

Introduced 2007-03-20· Sponsored by Rep. Ferguson, Mike [R-NJ-7]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2007-03-20)

Plain Language Summary

[AI summary unavailable — showing source text] Clean and Green Renewable Energy Tax Credit Act of 2007 - Amends the Internal Revenue Code to: (1) extend through 2030 the tax credits for investment in solar energy and qualified fuel cell property; (2) modify the percentage rate for the energy tax credit; (3) extend through 2016 the tax credit for residential energy efficient property expenditures; (4) allow accelerated depreciation of solar energy and fuel cell property; (5) extend through 2013 the tax credit for electricity produced from certain renewable resources; (6) allow an energy tax credit and a residential energy efficient property tax credit for certain equipment which uses wind to generate energy; and (7) extend through 2009 the tax credit for nonbusiness energy property expenditures.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (13)

13 Republicans